Sunday, February 17, 2019
 

Employers Push Health Care Acounts

Brought to you by:

http://www.therichardsgrp.com/benefits

The Richards Group

(800) 222-6016
tscull@therichardsgrp.com

Source: sacbee.com

14-Oct-2013

By Claudia Buck

As millions of working Americans open their employer's health care packets this month, many will be encountering a new option: high-deductible plans linked to health savings accounts that come loaded with tax benefits.

They're attracting workers who want lower premiums and a tax-free way to save for retirement. But they're not for everyone, which is why some consumer groups are alarmed by their growing presence in the health care market.

In the last six years, the number of workers covered by these health savings account plans has quadrupled, from 5 percent in 2007 to 20 percent this year, according to a 2013 Kaiser Family Foundation survey.

"More companies are offering them as a choice, and in some cases, they're the only choice," said Paul Fronstin, director of health research and education for the Employee Benefit Research Institute in Washington, D.C.

READ MORE

Copyright © 2001-2012 United Benefit Advisors, LLC. All Rights Reserved Terms Of Use Privacy Statement